Good morning. Here’s what I’m looking at today:
• S&P 500 Hits 42nd Record Close, Most Since 1998 (Barron’s)
• Merry F%@#ing Buyback Christmas (Reformed Broker)
• An economist’s guide to gift-giving (WonkBlog)
• 8½ Things That Went Right in 2013 (Businessweek)
• Perenially wrong bank analyst Bove defends TBTF banks: Why the US needs big banks (NY Post) Man, that litigation seems to have broken his spirit
• China cash crunch symbolises central bank policy quandary (FT)
• Japan’s stock rally might not be finished (WSJ)
• When ‘60 Minutes’ Checks Its Journalistic Skepticism at the Door (NY Times)
• $1B/year climate denial network exposed (BoingBoing) see also Institutionalizing delay: foundation funding and the creation of U.S. climate change counter-movement organizations (Springer)
• How Iron Maiden found its worst music pirates — then went and played for them (Cite World)
What are you reading?
Asset Class Performance for the Cycle
Source: Short Side of Long
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